Statute · California Streets and Highways Code

Cal. Sts. & High. Code § 9261 — The Redemption Fund

Cal. Sts. & High. Code § 9261

Type
Statute
Source
California Streets and Highways Code
Jurisdiction
California
Current through
Nov 2, 2026 (California Legislative Counsel)

A city proceeding under this division may at its discretion temporarily transfer money into the redemption fund from other funds in which such moneys are not immediately needed. The money so transferred shall be used to pay sums due from the redemption fund and shall be retransferred therefrom…

Citator

Cal. Sts. & High. Code § 9261 — The Redemption Fund is in force in the current edition of the Code, and nothing recorded condemns it.

A city proceeding under this division may at its discretion temporarily transfer money into the redemption fund from other funds in which such moneys are not immediately needed. The money so transferred shall be used to pay sums due from the redemption fund and shall be retransferred therefrom out of the first available receipts.